Online petition against retirement tax goes viral An online petition against retirement tax has gone viral on social media with nearly 3,000 signups seeking urgent and immediate withdrawal of Provident Fund Tax just a day after it was announced in the Budget. The petition was started by a finance professional from Gurgaon, Vaibhav Aggarwal, and nearly 3,000 people have … [Read more...] about Online petition against retirement tax goes viral
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Clarification about Changes made in the Tax Treatment for Recognised Provident Fund & National Pension System (NPS)
Clarification about Changes made in the Tax Treatment for Recognised Provident Fund & National Pension System (NPS) There seems to be some amount of lack of understanding about the changes made in the General Budget 2016-17 in the tax treatment for recognised Provident Fund & NPS. The following clarifications are given in this matter:- (i) The purpose of this … [Read more...] about Clarification about Changes made in the Tax Treatment for Recognised Provident Fund & National Pension System (NPS)
EPFO Likely to Announce Interest on PF for 2015-16 on Nov 24
EPFO Likely to Announce Interest on PF for 2015-16 on Nov 24 After RBI cut interest rate by half a percentage point in September end, finance ministry had said that it will review rate of interest on small savings scheme. Retirement body EPFO is likely to announce interest rate on PF deposit for 2015-16 at its trustees’ meeting on November 24. “The proposal … [Read more...] about EPFO Likely to Announce Interest on PF for 2015-16 on Nov 24
Clarifications on different scenarios being faced or likely to be faced by Post Offices after implementations of CBS.
Clarifications on different scenarios being faced or likely to be faced by Post Offices after implementations of CBS SB Order No. 7/2015 Government of India Ministry of Communication & IT Department of Posts Dak Bhawan, Sansad Marg, New Delhi-110001. Date: 18.06.2015 To All Heads of Circles/Regions Addl. Director General APS, New Delhi. Subject- … [Read more...] about Clarifications on different scenarios being faced or likely to be faced by Post Offices after implementations of CBS.
Sukanya Samriddhi Account Vs Public Provident Fund: 10 Things to Know
Sukanya Samriddhi Account (SSA) Vs Public Provident Fund (PPF): 10 Things to Know The recently launched Sukanya Samriddhi Account (SSA) and Public Provident Fund (PPF) can be useful instruments for saving for the future needs of the children. The Sukanya Samriddhi Account can only be opened in the name of the girl child while PPF scheme can be availed by all. … [Read more...] about Sukanya Samriddhi Account Vs Public Provident Fund: 10 Things to Know
Launch of scheme for Girl Child named “Sukanya Samridhhi Account” by Hon’ble Prime Minister
Launch of scheme for Girl Child named "Sukanya Samridhhi Account" by Hon'ble Prime Minister When Prime Minister Narendra Modi will launch 'Beti Bachao Beti Padhao' campaign at Panipat on January 22, he would also introduce an ambitious scheme 'Sukanya Samruddhi Account' to make girls financially empowered. Modeled on the pattern of small savings schemes of the government, … [Read more...] about Launch of scheme for Girl Child named “Sukanya Samridhhi Account” by Hon’ble Prime Minister
Gazette Notification regarding minimum pension of Rs.1000/- pm under EPS,1995
Gazette Notification regarding minimum pension of Rs.1000/- pm under EPS,1995 REGD. NO. D. L.-33004/99 The Gazette of India EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY No. 429] NEW DELHI, TUESDAY AUGUST 19, 2014/SRAVANA 28, 1936 MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 19th August, 2014. G.S.R. 593 (E).—In exercise of … [Read more...] about Gazette Notification regarding minimum pension of Rs.1000/- pm under EPS,1995
Revision of maximum limit of subscription in a financial year of PPF Account
Revision of maximum limit of subscription in a financial year of PPF Account No. F.No. 113-01/2011-SB Government of India Ministry of Communications & IT Department of Posts Dak Bhawan, Sansad Marg, New Delhi-110001, Dated: 21.08.2014 To All Heads of Circles/Regions Addl. Director General, APS, New Delhi. Subject:- Revision of maximum limit of subscription in a … [Read more...] about Revision of maximum limit of subscription in a financial year of PPF Account
Public Provident Fund (Amendment) Scheme, 2014
Public Provident Fund (Amendment) Scheme, 2014 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Economic Affairs) Notification New Delhi, the 13th August, 2014. G.S.R. (E). – In exercise of the powers conferred by sub-section (4) of Section 3 of the Public Provident Fund … [Read more...] about Public Provident Fund (Amendment) Scheme, 2014
Contribution Towards Employee’s Pension Fund
Press Information Bureau Government of India Ministry of Labour & Employment 22-August-2012 16:42 IST Contribution Towards Employee’s Pension Fund An amount of Rs. 14,767.47 crore (as per unaudited Balance Sheet of 2011-12) has been received as contribution in Employees’ Pension Fund for the financial year ending on 31.3.2012. An amount of Rs. 1,62,980.04 crore … [Read more...] about Contribution Towards Employee’s Pension Fund
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